Bitcoin price fell below 90 thousand dollars as expected, and we wrote 2 days ago that this would probably be the expected situation as we move forward to Friday. What was surprising was the development on the ZEC Coin front. Compared to the rest of the crypto currencies, ZEC has been devastated. How do analysts evaluate the latest situation?
ZEC Coin Collapse
We mentioned that we may see a rapid decline as we enter the new year for the rise in the last quarter of 2025. However, the decline was not triggered by investor lack of appetite, but by the resignation of the Electric Coin Company team (the main developers of Zcash since 2016). This resignation involves approximately 25 people, including ECC’s CEO Josh Swihart and Chief Scientist Chelsea Komlo.
Zcash Foundation The decision, arising from governance disagreements with the Bootstrap board of directors, caused the ZEC Coin price to suffer a billion-dollar loss.
On the other hand BTC It continues to fall due to concerns about the Supreme Court tariff decision coming tomorrow. The MSCI decision did not eliminate the risks in the medium and long term, combined with the inflation data coming tomorrow, and investors’ risk appetite rightfully decreased. We talked about the risk of the scenario where 85 thousand dollars was tested for BTC when the price was in the 93 thousand dollar range, so we can say that there was a very visible decline.
Lark Davis remains hopeful, though.
“Bitcoinhas been moving inside this uptrend channel since the beginning of the cycle. And despite intense selling pressure and the 10/10/25 crash, BTC has yet to fall below this channel.
And if the channel continues, we could see a new ATH in 2026.”
TAO Coin Price
One of Michael Poppe’s favorite altcoins TAO Like the others, he had to cut short the rise. If we do not face bigger problems, we can see that cryptocurrencies enter the medium-term rise phase with the Supreme Court decision out of the way. The main focus here will be on the scale of the tariff cancellations and how Trump will react to them.
Poppe, who shared the TAO chart above, is hopeful due to the gain of the 21-day moving average. If the level between $250-260 remains as support, he expects $500 to be tested in 2-3 months.
